energy sector stocks - Best energy sector stocks
I was on the phone with one of my top clients today, and we were talking about OIL, the PRICE of OIL and everything in between.

Over the last few months, even though its a bit sluggish CRUDE and ENERGY have made a bit of a comeback, after a HUGE and horrific style crash from 2014. I can tell you that the HUGE sell off a few years ago, is having huge ramifications, however right now, things are starting to look a bit more rosey for ENERGY and the ENERGY sectors such as XLE.

Below is the XLE or ENERGY sector MONTHLY chart. You can see that longer term we are in a upwards sloping channel. But that is not the important part. You can see that the 5 waves down in the channel from 2014, and ending in 2015 has now recovered. And there are lots of big wigs talking about a rally in ENERGY coming. Well, I do not know what happens next on the market, but our members are doing well, and the MACD is slowly turning into a BUY on the MONTHLY chart with stochastics not far behind. This is telling us that we could actually be about to witness a RALLY in ENERGY just like it did in 2009 - 2011. I like how the MACD is crossing on the MACD below...that could be giving us lots of positive momentum in the next 12 months, as this is a longer term chart. It might be the right time to start looking for energy sector stocks!